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Wed 25 Apr 2007, 14:45 KIO - Kumba Iron Ore Limited - Grant and acceptanc
KIO
 KIO                                                                             
KIO - Kumba Iron Ore Limited - Grant and acceptance of offers of Share Options  
Kumba Iron Ore Limited                                                          
A member of the Anglo American plc group                                        
(Incorporated in the Republic of South Africa)                                  
(Registration number 2005/015852/06)                                            
Share code: KIO                                                                 
ISIN: ZAE000085346                                                              
("KIO")                                                                         
GRANT AND ACCEPTANCE OF OFFERS OF SHARE OPTIONS BY DIRECTORS OF THE LISTED      
ENTITY AND MAJOR SUBSIDIARY                                                     
In terms of paragraph 3.63 - 3.65 of the Listings Requirements of the JSE       
Limited, the following information, relating to the grant and acceptance of     
share options by directors of Kumba Iron Ore Limited and its major subsidiary   
Sishen Iron Ore Company (Pty) Limited, is disclosed:                            
Executive director         Ras Myburgh                                          
Company of which a         Kumba Iron Ore Limited                               
director                                                                        
Grant date                 1 March 2007                                         
Acceptance date            20 April 2007                                        
Class of securities        Ordinary shares                                      
Number of securities       12 988                                               
Strike Price               R124.27 per share                                    
Value of transaction       R1 614 018.70                                        
Vesting period             Shares are awarded after three years (December       
                          2010) on certain performance criteria being           
                          met                                                   
Nature of transaction      Grant and acceptance of share awards in terms        
of the Kumba Iron Ore Long Term Incentive Plan        
Extent of interest         Direct beneficial                                    
                                                                                
Executive director         Vincent Uren                                         
Company of which a         Kumba Iron Ore Limited                               
director                                                                        
Grant date                 1 March 2007                                         
Acceptance date            20 April 2007                                        
Class of securities        Ordinary shares                                      
Number of securities       9 998                                                
Strike Price               R124.27 per share                                    
Value of transaction       R1 242 451.40                                        
Vesting period             Shares are awarded after three years (December       
                          2010) on certain performance criteria being           
                          met                                                   
Nature of transaction      Grant and acceptance of share awards in terms        
of the Kumba Iron Ore Long Term Incentive Plan        
Extent of interest         Direct beneficial                                    
                                                                                
Executive director         Willem van Heerden                                   
Company of which a         Sishen Iron Ore Company (Proprietary) Limited        
director                                                                        
Grant date                 1 March 2007                                         
Acceptance date            20 April 2007                                        
Class of securities        Ordinary shares                                      
Number of securities       3 814                                                
Strike Price               R124.27 per share                                    
Value of transaction       R473 965.78                                          
Vesting period             Shares are awarded after three years (December       
                          2010) on certain performance criteria being           
                          met                                                   
Nature of transaction      Grant and acceptance of share awards in terms        
of the Kumba Iron Ore Long Term Incentive Plan        
Extent of interest         Direct beneficial                                    
                                                                                
Executive director         Fergus Marupen                                       
Company of which a         Sishen Iron Ore Company (Proprietary) Limited        
director                                                                        
Grant date                 1 March 2007                                         
Acceptance date            20 April 2007                                        
Class of securities        Ordinary shares                                      
Number of securities       4 928                                                
Strike Price               R124.27 per share                                    
Value of transaction       R612 402.56                                          
Vesting period             Shares are awarded after three years (December       
                          2010) on certain performance criteria being           
                          met                                                   
Nature of transaction      Grant and acceptance of share awards in terms        
of the Kumba Iron Ore Long Term Incentive Plan        
Extent of interest         Direct beneficial                                    
                                                                                
Executive director         Peet Kotze                                           
Company of which a         Sishen Iron Ore Company (Proprietary) Limited        
director                                                                        
Grant date                 1 March 2007                                         
Acceptance date            20 April 2007                                        
Class of securities        Ordinary shares                                      
Number of securities       3 876                                                
Strike Price               R124.27 per share                                    
Value of transaction       R481 670.52                                          
Vesting period             Shares are awarded after three years (December       
                          2010) on certain performance criteria being           
                          met                                                   
Nature of transaction      Grant and acceptance of share awards in terms        
of the Kumba Iron Ore Long Term Incentive Plan        
Extent of interest         Direct beneficial                                    
                                                                                
Executive director         Aart van den Brink                                   
Company of which a         Sishen Iron Ore Company (Proprietary) Limited        
director                                                                        
Grant date                 1 March 2007                                         
Acceptance date            20 April 2007                                        
Class of securities        Ordinary shares                                      
Number of securities       2 320                                                
Strike Price               R124.27 per share                                    
Value of transaction       R288 306.40                                          
Vesting period             Shares are awarded after three years (December       
                          2010) on certain performance criteria being           
                          met                                                   
Nature of transaction      Grant and acceptance of share awards in terms        
of the Kumba Iron Ore Long Term Incentive Plan        
Extent of interest         Direct beneficial                                    
                                                                                
Executive director         Christo van Loggerenberg                             
Company of which a         Sishen Iron Ore Company (Proprietary) Limited        
director                                                                        
Grant date                 1 March 2007                                         
Acceptance date            20 April 2007                                        
Class of securities        Ordinary shares                                      
Number of securities       3 810                                                
Strike Price               R124.27 per share                                    
Value of transaction       R473 468-70                                          
Vesting period             Shares are awarded after three years (December       
                          2010) on certain performance criteria being           
                          met                                                   
Nature of transaction      Grant and acceptance of share awards in terms        
of the Kumba Iron Ore Long Term Incentive Plan        
Extent of interest         Direct beneficial                                    
                                                                                
Executive director         Francois Louw                                        
Company of which a         Sishen Iron Ore Company (Proprietary) Limited        
director                                                                        
Grant date                 1 March 2007                                         
Acceptance date            20 April 2007                                        
Class of securities        Ordinary shares                                      
Number of securities       3 926                                                
Strike Price               R124.27 per share                                    
Value of transaction       R487 884.02                                          
Vesting period             Shares are awarded after three years (December       
                          2010) on certain performance criteria being           
                          met                                                   
Nature of transaction      Grant and acceptance of share awards in terms        
of the Kumba Iron Ore Long Term Incentive Plan        
Extent of interest         Direct beneficial                                    
Clearance in terms of 3.66 of the JSE Listings Requirements has been obtained.  
Johannesburg                                                                    
25 April 2007                                                                   
Sponsor                                                                         
Deutsche Securities (SA) (Pty) Ltd                                              
Date: 25/04/2007 14:45:05 Produced by the JSE SENS Department.
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